The Expenzing Sourcing Suite is where your journey to savings starts. A comprehensive set of software modules that help you select the right suppliers for your needs. Modules include RFX Management, Reverse Auctions, and Supplier Empanelment. You can opt for the complete Sourcing Suite or implement one or more modules.
A platform or efficient coordination and structured information flow between the sourcing team, internal users, and suppliers.
We recognize the complexities of sourcing and the nuances that users are looking for. The Expenzing RFP Manager automates the entire RFP process from RFP invitations to supplier submissions and management reviews.
Reverse auctions are a proven negotiation methodology for optimal price settlement. They used to be available only to very large organizations for very large sourcing deals. With Expenzing Reverse Auction Manager, it's easy and practical for even mid-sized organizations to use this efficient tool for negotiation. You not only save money, the process is faster, saving the sourcing team considerable time and increasing user satisfaction.
Suppliers do their own entries in the empanelment tool. Stay on the right side of compliance requirements by gathering complete profile information from the supplier, in a timely manner. Workflow the information so that key departments can verify and approve empanelment information. Generate supplier codes to populate in your ERP.